Tech Company Inital Public Offerings
Inhibrx IPO
On 9/19/2020, Inhibrx became a public company.
Transaction Overview
Company Name
Announced On
9/19/2020
Transaction Type
IPO
Amount
$119,000,000
Proceeds Purpose
Per the firm's most recent regulatory filing, it plans to use the net proceeds as follows:approximately $30.0 million to fund the remainder of dose expansion in our ongoing Phase 1 clinical trial for our INBRX-109 program to initial data, initiate combination studies as well as to fund commercial manufacturing scale-up activities;approximately $10.0 million to fund the remainder of dose escalation in our ongoing Phase 1 clinical trial for our INBRX-106 program to initial data, for both single agent and in combination with Keytruda;approximately $10.0 million to fund the remainder of dose escalation in our ongoing Phase 1 clinical trial for our INBRX-105 program to initial data and to fund commercial manufacturing scale-up activities;approximately $25.0 million to fund the remainder of our ongoing Phase 1 clinical trial for our INBRX-101 program to initial data and to fund commercial manufacturing scale-up activities; andthe remainder for our other research and development activities, a
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
11025 North Torrey Pines Rd. 200
La Jolla, CA 92037
USA
La Jolla, CA 92037
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Inhibrx (Nasdaq: INBX), our mission is to deliver optimized, biologic therapeutics to people with life-threatening conditions. Toward this goal, we have built a large and diverse pipeline with the potential to impact cancer, infectious disease and orphan diseases.
Management Team
Title
Name
Email & Social
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We record every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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